This transcript has been automatically generated and may not be 100% accurate.

... the ... for my become a strong second quarter earnings demonstrated how a Wall ... Street analysts to make its price falling into a growth company ... will Street dolls Mike Ramsey joins me now from Detroit ... Mike thanks for being map ... to be here ... so aam some of Ford's was you know still is one of one of the big stakes for a war of the Detroit three ... but didn't say to buy a lot doing quite well now Robeco its mojo back ... yet the deal for the new pretty well for in the last several years it has been primarily because North America has updated restructured became profitable ... aam but the rest of the the world basically was not doing well singularly Europe is that when no ... what we saw the score is really for training for ... and posting profits in Asia they really mean alot investments Priceline ... the posting of profits in South America returning a profitable ... location in Europe is there while net losses that are slowing and ... combine that with the continued success in North America and you can really look to the future ... and see ... you know what could be a very profitable ... and and and and my sister a Mac using aam innovative new products I am ... the true value sport utility sitemap ... to afford them I'm looking out of a ... Mustang sports car and SUV right ... a lot of this is six years later from the beginning of the CEO on fishing what there what they did is they decided that they're going to start building the same are Offer everywhere in the world that may seem elementary me if I'm a techno technology like an Apple I phone which is the same in China that is the US ... the good part of our coverage is not that simple ... and so what they've done is is that all the time ... building and you know changing their factors changing their designs that they can sell the same vehicle ... everywhere in the world ... but that allow them to do is put out one new car ... everywhere in the world the same time focus resources on them but the best one available out there ... reduce their engineering costs ... and it speeds up how fast they can get these vehicles market ... so as a result they have new vehicles always markets around the world ... this fetch higher prices than once that there were ... at their previously ... and so you see higher profit per vehicle ... PC ... market share gains whether the market ... itself is growing Ford is doing well ... my idea is to work and save the loss of business ... one thing I do know is that Americans ... really love this huge cause the hair in the U S Marine like to cause them ... no matter what size cause of produce people up because of were looking at a truly massive wall map ... of big pickup truck ... there is not necessarily true of the city's semi my home country like small cost ... you get yours that they ... Ford is doing ... far better with the smaller vehicles and use it it still makes a ton of money from selling pickup trucks in United States ... it is the chief financial officer Bob Shanks said that for ... ten years ago for his to make incredible amount of money on SUV's and then we just lose it sure aren't selling art ... it's kind of our structural and now the word makes a little bit of money and selling art in a little bit of money and selling ... selling small SUV's ... and it still makes its ... money on selling ... console in pickups and large truck so you put that formula together ... and you can you have a company that ... aam is very profitable ... and it ... isn't ... losing money when it's no it sells small vehicle ... sounds smells of a job I'd I'd I do like I can ... get to bed now I mean it is and isn't an amazing business and that there are a lot of fixed costs and it doesn't matter ... Nifty produced no pickles warn you now ... a million you still have this cost by halfback please yes our it's play ... time you have pots to buy ... swapping a wounded we know that with this is important it's not just the four stories that ... Ford's revenues jumped fifteen percent and what I what I would expect this to other car companies are also the ECB revenue gains ... in wholesale gains despite ... shaky ponies around the world are slowing economies ... in part that is because it you know the auto market is a growth market ... where is some of these ... other things you receive revenue flat now per Essen P five hundred ... companies in this quarter ... in the auto companies' revenues are likely to jump a significant amount more than that in the next several years ... really are seals what we're expected to continue to ride over and over again so it's ... it's it's not a check ... you know rise with the auto industry looks like